#EGYPT INTEREST RATE

The benchmark interest rate in Egypt was last recorded at 8.25 percent. Interest Rate in Egypt is reported by the Central Bank of Egypt. Interest Rate in Egypt averaged 11.62 Percent from 1991 until 2013, reaching an all time high of 21.40 Percent in October of 1991 and a record low of 8.25 Percent in September of 2009. In Egypt, decisions on interest rates are made by the Central Bank of Egypt (CBE). The Central Bank of Egypt official interest rate is the overnight deposit rate. The CBE is committed to achieving, over the medium term, low rates of inflation which it believes are essential for maintaining confidence and for sustaining high rates of investment and economic growth. This page contains – Egypt Interest Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.

http://www.tradingeconomics.com/egypt/interest-rate

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